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Vetece Holdings Bhd (XKLS:0319) Total Current Assets : RM17.43 Mil (As of Aug. 2023)


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What is Vetece Holdings Bhd Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vetece Holdings Bhd's total current assets for the quarter that ended in Aug. 2023 was RM17.43 Mil.

Vetece Holdings Bhd Total Current Assets Historical Data

The historical data trend for Vetece Holdings Bhd's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vetece Holdings Bhd Total Current Assets Chart

Vetece Holdings Bhd Annual Data
Trend Aug21 Aug22 Aug23
Total Current Assets
22.62 23.00 17.43

Vetece Holdings Bhd Semi-Annual Data
Aug21 Aug22 Aug23
Total Current Assets 22.62 23.00 17.43

Vetece Holdings Bhd Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Vetece Holdings Bhd's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.026+11.797+0+1.603
=17.43

Vetece Holdings Bhd's Total Current Assets for the quarter that ended in Aug. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.026+11.797+0+1.603
=17.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Vetece Holdings Bhd  (XKLS:0319) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Vetece Holdings Bhd's Liquidation Value for the quarter that ended in Aug. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.026-8.426+0.75 * 8.086+0.5 * 0
=1.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vetece Holdings Bhd Total Current Assets Related Terms

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Vetece Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Vetece Holdings Bhd (XKLS:0319) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kerinchi, E-32-3A and E-32-03, Menara Suezcap 2, KL Gateway, Gerbang Kerinchi Lestari, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.vtcholding.com
Vetece Holdings Bhd is an investment holding company. Through its subsidiaries, it is principally an enterprise IT solutions provider, providing implementation services, maintenance, support and professional services as well as resale of hardware and software. The company assists its clients in the implementation process involving design, installation, customization and configuration, data integration, testing and deployment of the enterprise IT solutions to ensure that it seamlessly integrates with clients' systems. Post-implementation process, It will continue to provide ongoing support through maintenance, support and professional services which include maintenance and upgrades of the systems, as well as providing training to clients' employees.

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